-
Asset Class: International Developed ex-U.S. Market
-
Long-Term Performance: 6.91% CAGR
-
Correlation to U.S. Markets: 0.73
-
U.S. Large Cap Blend Performance: 10.96% CAGR
-
Back test timeframe: January 1986 – February 2024
-
Oldest ETF back tested: iShares MSCI EAFE ETF (EFA)
-
Long-Term Performance: 5.52% CAGR
-
Correlation to U.S. Markets: 0.88
-
S&P 500 Performance: 8.89% CAGR
-
Back test timeframe: September 2001 – February 2024
-
Number of ETFs available in this asset class: 157
-
Number of ETFs in this asset class that are 10-years old or older: 41
International Developed ex-US Market vs U.S. Large Cap Blend (S&P 500): January 1986 – February 2024
EFA vs SPY: September 2001 – February 2024
EFA vs SPY: August 17, 2001 – March 15, 2024
The Deep Value ETF Accumulator rankings for the 41 oldest Foreign Large Cap ETFs:
The 5 top ranked Foreign Large Cap ETFs head-to-head comparisons:
DBEF vs HEFA vs DBAW vs IPKW vs DNL: March 2014 – February 2024
DBEF vs HEFA vs DBAW vs IPKW vs DNL: February 27, 2014 – March 15, 2014
Stated objectives of 5 top ranked Foreign Large Cap ETFs:
DBEF – Xtrackers MSCI EAFE Hedged Equity ETF (the “Fund”) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EAFE US Dollar Hedged Index (the “Underlying Index”).
HEFA – The iShares Currency Hedged MSCI EAFE ETF seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. Seek to reduce the impact of foreign currencies, relative to the U.S. dollar, on your developed international allocation. Easily combine HEFA with its unhedged version (EFA) to tailor currency risk while maintaining consistent equity exposure. Tap into the scale of the underlying EFA holding.
DBAW – The Xtrackers MSCI All World ex US Hedged Equity ETF (the “Fund”) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index (the “Underlying Index”).
IPKW – The Invesco International BuyBack Achievers™ ETF (Fund) is based on the Nasdaq International BuyBack Achievers™ Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of common stocks of foreign companies that meet the requirements to be classified as BuyBack Achievers™. The Nasdaq International BuyBack Achievers Index is comprised of securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in its latest fiscal year. The Fund and the Index are reconstituted annually in July and rebalanced quarterly in January, April, July and October.
DNL – WisdomTree Global ex‐U.S. Quality Dividend Growth Fund seeks to track the investments results of dividend-paying companies with growth characteristics in developed and emerging equity markets, ex-U.S. Learn more about the Index that DNL is designed to track. Gain exposure to targeted developed international and emerging markets, ex-U.S. equity from dividend growing companies with quality and growth characteristics. Use to replace global ex-U.S. passive or active or dividend oriented active managers.
Thank you for taking time to read this article. If you found it useful, please share it with a friend.
Respectfully yours, Micah McDonald, aka the Deep Value ETF Accumulator
Previous Deep Value ETF Accumulator articles on Foreign Large Cap ETFs:
5 Best Foreign Large Cap ETFs to Own Long-Term: DBEF vs DNL vs EFG vs PID vs VEU 1.6
Disclosure: We currently own shares of DBEF and we intend to buy more shares in the future. I am not a professional investment advisor. Please perform your own due diligence or seek the advice of a Registered Investment Advisor before investing in any security mentioned in this article. This website contains affiliate links to Google AdSense.